As part of a deal with a publicly traded shell, Richard Branson’s Virgin Galactic space tourism venture would become the first listed company for human spaceflight. Special-purpose acquisition company (SPAC) Social Capital Hedosophia Holdings Corp. reportedly intends to invest approximately $800 million for a stake...
Restaurant Unlimited Inc., an eatery operator with 35 restaurants, has filed for bankruptcy and is blaming the misfortune on a recent minimum wage hike in court filings, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...
Can cameras replace cashers in retail? The grocery industry is making a go of it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Sometimes entrepreneurs are their own very first customer: They need their products in their own lives. Jade Leaf Matcha Co-Founder Marc St Raymond, for instance, worked long hours doing software engineering work, which can be demanding. He was always on the hunt for an aid...
After rolling out ad-free music streaming for riders, Alphabet Inc. subsidiary Waymo is reportedly experimenting with ad-free wireless internet in its greater Phoenix robotaxis. Paying passengers have been transported in hundreds of “driverless” minivans since the end of last year, according to Reuters. Get the...
While there are many things to love about summer – vacations, the beach, BBQs, fireworks, amusement parks and so on – in most parts of the country, summer brings with it one problem that is impossible to ignore. Get the Full Story Complete the form...
While Amazon eyes the next step in its seeming bid for domination around the world, it will have to tackle challenges from both regulatory and consumer headwinds. Even so, the company is described as Earth’s “most powerful brand,” and the second most valuable company around...
Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. Walmart, for instance, plans to increase its investment in supply chain logistics in the country by $1.2 billion, with efforts to build or upgrade more...
It’s not enough to just be a retailer these days, it seems. Digital ads are also part of the process — at least that’s the story coming from recent developments involving major merchants. Get the Full Story Complete the form to unlock this article and...
